It was a big week for non-metrical economic data. A federal budget deal is in the works. The House of Representatives voted 332-94 to approve the budget deal proposed by Wisconsin Republican Paul Ryan and Washington Democrat Patty Murray. The … Continue reading →

Recent U.S. economic data has generally been stronger than expected. Payroll jobs increased by 203,000 in November, following a 200,000 job gain in October. The separate household employment survey, which took a 735,000 job dive in October because of the … Continue reading →

Better-than-expected economic data is causing financial market jitters as investors ponder the increasing likelihood of a QE taper within the next few months. Payroll jobs increased by 203,000 in November, following a 200,000 job gain in October. The unemployment rate … Continue reading →

One Step Closer to QE Taper, Last Hurdle Is a Budget Deal The November Payroll Employment Survey showed a solid gain of 203,000 jobs. The November Household Survey of Employment recovered from its October swoon, adding 818,000 jobs. The Unemployment … Continue reading →